Benchmarks
Nifty23,744.1516.5
The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતીमराठीবাংলাಕನ್ನಡമലയാളംதமிழ்తెలుగు
| Today's ePaper
My Watchlist
Business News›Industry›Renewables›Parliament panel suggests strict timelines for solar park developments
    The Economic Times daily newspaper is available online now.
    Read Today's Paper

    Parliament panel suggests strict timelines for solar park developments

    SECTIONS
    Parliament panel suggests strict timelines for solar park developments
    ET Bureau
    Rate Story
    Whatsapp Follow ChannelFollow us
    Share
    Font Size
    AbcSmall
    AbcMedium
    AbcLarge
    Save
    Print
    Comment
    Synopsis

    A parliamentary panel urges faster solar park development. The panel recommends streamlining approvals and addressing power purchase agreement delays. It suggests a single-window system and standardized contracts. The panel also emphasizes protecting the Great Indian Bustard. It advises interim measures like bird diverters on power lines. The aim is to boost renewable energy growth.

    A general view of solar panels at Gujarat Solar Park also called Charanka Solar Park, at Patan district in GujaratReuters
    Representative image.
    New Delhi: A parliamentary panel has recommended that the renewable energy ministry take more concrete steps with strict timelines to address the ongoing delays and challenges in solar park development. The Committee on Estimates of the Lok Sabha has highlighted the delays in finalizing power purchase agreements (PPAs) between solar power parks developers and states and distribution companies.

    The committee, in its latest report submitted to the lower house, reiterated its earlier recommendation to establish a single window system and develop standardized PPA templates to set definite timelines for the approval process at each level within the ministry.

    It attributed the delays in signing PPAs to factors such as lack of clear directions, prolonged internal
    approval process, involvement of multiple ministries after finalization of tenders.

    To address this, it had recommended to establish a single window system to minimize the complexities of internal approval process reducing the involvement of multiple ministries.

    Growfast
      Further, the committee had also suggested the Ministry to collaborate with agencies to develop
      standardized model formats for PPAs and fix definite time period for various levels of approval.

      It urged the Ministry to make all out efforts to address the systemic challenges and ensuring that the mechanism in place have a direct and measurable impact on the solar park development
      project.

      Regarding the issue of Great Indian Bustard area where projects have been delayed because of wildlife concerns, the committee said it feels that the ministry should not just await the implementation of the expert Committee report on the subject but also actively explore and implement interim mitigation measures, such as installation of bird diverters on existing power lines, to minimize risks to the Great Indian Bustard population.


      Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.


      (You can now subscribe to our Economic Times WhatsApp channel)

      Read More News on

      (Catch all the Business News, Breaking News, Budget 2024  Events and Latest News Updates on The Economic Times.)

      Subscribe to The Economic Times Prime and read the ET ePaper online.

      ...more

      (You can now subscribe to our Economic Times WhatsApp channel)

      Read More News on

      (Catch all the Business News, Breaking News, Budget 2024  Events and Latest News Updates on The Economic Times.)

      Subscribe to The Economic Times Prime and read the ET ePaper online.

      ...more

      Prime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition
      View all Stories
      The Economic Times

      Stories you might be interested in

      Subscribe to ourET Investment Opportunities
        翻译：